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Oak Woods Acquisition Corporation (NASDAQ:OAKU) has extended the deadline to complete its initial business combination to August 28, 2025, according to a statement released in a recent SEC filing.
The extension follows a shareholder vote held on March 20, 2025, which allowed the company to elect up to six one-month extensions to its original deadline, contingent on the timely deposit of $172,500 into the company’s trust account for each extension period. As of July 28, the sponsor had deposited the required funds, enabling the latest extension.
This marks the fifth of six permitted one-month extensions under the terms approved by shareholders, as stated in the company’s amended and restated memorandum and articles of association.
Oak Woods Acquisition Corporation is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands and listed on the Nasdaq Stock Market. Its units (NASDAQ:OAKUU), Class A ordinary shares (NASDAQ:OAKU), rights (NASDAQ:OAKUR), and warrants (NASDAQ:OAKUW) are all registered on Nasdaq.
The information in this article is based on a press release statement included in the company’s SEC filing.
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